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What is UNUS SED LEO?
As for the iFinex platform, in response to the financial crisis for the Bitfinex exchange, it released its own UNUS SED LEO token in May 2019. The UNUS SED LEO technology works because of: 66% Ethereum blockchain and 34% EOS blockchain. The Bitfinex exchange leverages about 27% of the transaction fees that are collected to acquire and burn tokens, and will burn them all sooner or later. UNUS SED LEO stands out significantly from almost all other cryptocurrencies in that UNUS technology was created with specific plans in mind and will eventually cease to exist.
The token-burning method consists of iFinex making a monthly commitment to redeem UNUS SED LEOs in the marketplace. Tokens earmarked for burning must account for at least 27% of iFinex revenue in the previous month. The tokens are redeemed at the market price.
In a press release, the company said: "The burn mechanism will continue exactly until 100% of the tokens are redeemed."
How to use UNUS SED LEO (LEO)
A long-term investment in LEO with the expectation of it increasing in value. You can safely store your LEO in Guarda Wallet.
Exchange UNUS SED LEO
Instantly exchange UNUS SED LEO with the best LEO exchange rates. We offer many trading pairs for UNUS SED LEO trading through our exchange partners.
Send UNUS SED LEO
Guarda allows you to easily buy UNUS SED LEO online and send it to anyone and anywhere with their UNUS SED LEO address.
A token designed to empower the Bitfinex community
Receive UNUS SED LEO
Receive UNUS SED LEO from anyone instanteniously through your web browser, mobile phone or desktop app.
Learn more about UNUS SED LEO
You can read more detailed articles about UNUS SED LEO and blockchain as a whole in our Academy.
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